Form 4: Wheels Up CPO Sells Shares for Tax Obligation

Wheels Up Experience Inc.'s Chief People Officer, Brian Joseph Kedzior, disposed of 2,098 shares of Class A Common Stock to cover tax liabilities from vested restricted stock units.

Summary

• Brian Joseph Kedzior, Chief People Officer of Wheels Up Experience Inc., reported a transaction involving Class A Common Stock.
• On November 26, 2025, Kedzior disposed of 2,098 shares of Class A Common Stock.
• The disposition was made to satisfy tax liability arising from the vesting of restricted stock units.
• The shares were disposed at a price of $0.78 per share.
• Following this transaction, Kedzior beneficially owns 792,249 shares of Class A Common Stock.
• The original restricted stock units were reported in a Form 4 filed on June 7, 2024.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax purposes, which is neutral in terms of company sentiment. It does not indicate any positive or negative operational or financial developments.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This filing represents a routine insider transaction related to equity compensation and tax obligations, which is common across all industries for executives receiving restricted stock units. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine tax-related disposition of a small number of shares relative to the total outstanding, not indicative of a change in management's confidence or company fundamentals.
• Employees: No direct impact on employees beyond the reporting person.

Key Dates

Recommendation

This Form 4 filing details a routine disposition of shares by an executive to cover tax obligations associated with vested restricted stock units. Such transactions are common and do not typically reflect a change in the company's fundamental outlook or the executive's confidence. Therefore, it provides no new information that would warrant a change in investment recommendation; a 'hold' stance is maintained based on existing company fundamentals.

Keywords

Wheels Up Experience Inc., UP, Form 4, Insider Transaction, Brian Joseph Kedzior, Chief People Officer, Class A Common Stock, Restricted Stock Units, Tax Withholding, Equity Compensation